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So why should you formalize your business operations!!!?

Mulema Najib by Mulema Najib
9 years ago
in Business
0 0

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By Jakuum Luwizza Herberts
For the same reasons you want/should formalize your relationship by getting married. Business like a committed relationship is money & time consuming and energy sapping. Just for the sake of protecting your interests in the relationship it’s better to officially formalize you marriage. It puts your mind at peace and enables you invest your all in a relationship with a fall back position.

Same applies to Business. Imagine you invest time and money starting and growing business then out of the blue your told you cant operate using the business name you have been using because someone else has the same name.

This is the brand all your clients know you by. Changing would mean going back to ground zero and building a fresh. Legalize your business from the get-go to avoid such scenarios.

#theyoungtreps

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Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

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